Aspects of Bussiness Word Scramble
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Question | Answer |
Monopoly | Exists when competition is lacking for a product or service, or when producers are in a position to control the supply and price of goods or services. |
Price Discrimination | Setting different prices for different customers. |
False Advertising | Advertising that is misleading in a material respect or in any way that could influence the customer's purchase or use of the product. |
Bankruptcy | A legal process that allows selling assets to pay off debts. |
Patent | An agreement in which the federal government gives an inventor the sole right for 20 years to make, use, and sell an invention. |
Copyright | Similar to a patent in that the federal government gives an author the sole right to reproduce, publish, and sell literary or artistic work for the life of the author plus 70 years. |
Trademark | A distinguishing name, symbol, or special mark placed on a good or service that is legally reserved for the sole use of the owner. |
Information Liability | Responsibility for physical or economic injury arising from incorrect data or wrongful use of data |
Cookies | Files of information about the user that some Web sites create and store on the user's own computer. |
Interstate Commerce | Business operations and transactions that cross over state lines. |
Intrastate Commerce | Business transacted within a state. |
Licensing | A way to limit and control those who plan to enter certain types of businesses. |
Public Franchise | A contract that permits a person or organization to use public property for a private profit. |
Building Codes | Codes that regulate physical features of structures. |
Zoning | Regulations that specify which land areas may be used for homes and which areas may be used for different types of businesses. |
Created by:
yvonne921
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